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Accused spy leaked Indian naval secrets for crypto

The alleged spy faces the death penalty or life in prison for allegedly selling India’s naval secrets to Pakistan in exchange for crypto.

Over 1,000 Indian police caught up in $240M crypto scam

The Ponzi-style scheme lured investors with hefty returns on investment in two fictitious cryptocurrencies, Korvio Coin and DGT Coin.

Coinbase says that it maintains a “robust tech hub” in India and still offers live products, including its Coinbase Wallet.

The crypto scam managed to steal $120 million (10 billion rupees) from over 200,000 victims in Odisha, India.